Matsushita pioneered the introduction of installment sales and the use of point-of-purchase displays in retail outlets.
The term "installment sales" means the type of transaction under a sales contract in which the consumer is required to pay a down payment, with the balance to be paid in installments, and the business operator shall deliver the subject matter to the consumers upon receipt of the down payment.
Inventory includes raw materials, low priced and easily worn articles, packing materials, goods in installment sales and merchandise inventory.
on installment sales